5, RICHMOND ROAD, LONG STRATTON, NORWICH, NR15 2YY - £195,000

5 RICHMOND ROAD is a very small extended detached house of 71m², built sometime between 1983 and 1990. It was last sold for £195,000 in July 2018, which was around 42% below the average July 2018 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was B.

5 RICHMOND ROAD Sold Prices

Land registry data shows three sales for 5 RICHMOND ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. All of the three 5 RICHMOND ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 4 JUL	£195,000	£335,873	42% below HPI
2000 12 JUN	£74,000	£111,772	34% below HPI
1998 6 MAR	£57,500	£82,074	30% below HPI

5 RICHMOND ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The three 5 RICHMOND ROAD sales between March 1998 and July 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2000 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 5 RICHMOND ROAD?

5 RICHMOND ROAD is 71m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Long Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Stratton, and where 5 RICHMOND ROAD lies on this distribution: 10% of detached houses are smaller than 5 RICHMOND ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Long Stratton.

5 RICHMOND ROAD: Plot and Title Map

5 RICHMOND ROAD sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 5 RICHMOND ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 RICHMOND ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 RICHMOND ROAD?

5 RICHMOND ROAD is located in LONG STRATTON, in the NR15 postcode district. The below map shows the position of No. 5 on RICHMOND ROAD.